Political Risk

China’s Xi Jinping is on the cusp of gaining power unseen since Mao Tse-tung

“Xi and his Communist Party cadres are reinforcing their ideological rigor ahead of China’s most important political event: the twice-a-decade party congress, scheduled to begin Oct. 18. It’s a giant power struggle among the nation’s elite, with twists that topple careers. This year carries even more weight because the event is expected to replace about half the country’s top leadership and reveal the true extent of Xi’s influence — potentially endowing him with a status akin to that of Mao Tse-tung, the founder of the People’s Republic.”

Source: China’s Xi Jinping is on the cusp of gaining power unseen since Mao Tse-tung – LA Times

OODA Analyst

OODA Analyst

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